Hi everyone,
In some of the second round interviews at some firms, they have a round called: business knowledge interview (or similar names). I have also heard that sometimes the interview with a partner might end up like this, although it is not officially called business knowledge interview. I was wondering if you can share your experience/opinion on :
- How likely it is to get such an interview?
- What is expected, and how can you define good enough? I know this is a bit general to answer, but assume that the candidate is not having business background, what is then the usual expectation?
- How to best prepare for this interview, especially in a short time frame?
I am personally a bit afraid of if such an interview comes up, as the feedback I got from the first round was that I should work on my business judgement/knowledge. I don't have business background and since then I am reading more business articles and journals such as Economist. but I have to admit that in such a short time it is impossible to get to an MBA/business studies level. so any extra tip is very much appreciated.
Thank you very much!
Thanks Sidi for the reply. I can tell from my own experience at BCG interview in Amsterdam that such this opinion is not necesserily valid. The feedback I got after first round interview is that my business judgement is not mature enough, and that's why I haven't been passed to the second round. They told me everything else (structuring, math, fit, etc) was good enough. Either they haven't given me the honest feedback, or business accumen for the generalist consultant positon is really a defining criteria
(editiert)
I believe you have a misinterpretation: business judgement/acumen is NOT business knowledge! Judgement comes from thinking on your feet and understanding the basic logic of how economic value is created. This has nothing to do with knowledge and expertise on any industry or function!